Large investment is made in fixed assets; the project will be termed as __________.

a) Capital Intensive
b) Labour Intensive.
c) Product Intensive.
d) Market Intensive.

Which of the following shows the process of creating something new?

a) Business model
b) Modeling
c) Creative flexibility
d) Innovation

Family business always interested to handover the change of his business to:

a) Indian Administration Officers

b) Professional Managers
c) Next generation
d) None of the above

EDP (Entrepreneurship Development Programmes) is required to help:

a) Existing entrepreneurs
b) First generation entrepreneurs
c) Future generation entrepreneurs
d) None of the above

A Micro Enterprise is an enterprise where investment in plant and machinery does not
exceed (According to MSMED Act, 2006):

a) Rs. 25 Lakh
b) Rs. 20 Lakh
c) Rs. 15 Lakh
d) Rs. 30 Lakh

What is the process by which individuals pursue opportunities without regard to

resources they currently control:

a) Startup management
b) Entrepreneurship
c) Financial analysis
d) Feasibility planning

Why are small businesses important to a country’s economy?

 a) They give an outlet for entrepreneurs.
b) They can provide specialist support to larger companies.
c) They can be innovators of new products.
d) All the above.

Seed capital assistance is ___________.

a) A long-term assistance.
b) Initial assistance
c) A help for the purchase of seeds.
d) A short-term assistance.

Unit: 02

_____________ is primarily concerned with the identification, qualification and

evaluation of the project resources.

a) Techno-economic analysis.
b) Feasibility analysis.
c) Input analysis.
d) Financial analysis.

EDPs course contents contain ___________.

a) General introduction to entrepreneurs.

b) Motivation training.
c) Managerial skills.
d) All the above

To provide financial assistance to entrepreneurs the government has set up a number

of___________.

a) Financial advisors.
b) Financial intermediaries.
c) Industrial estates.
d) Financial institutions.

District Industries Centers are located ____________.

a) In each district.
b) In each state.
c) Only in selected districts.
d) Only in selected states.
2.The activity which occurs when the new venture is started is called:

a) Motivation

b) Business skills

c) Departure point

d) Goal orientation

3. Which one of the following is an important source of idea generation due to their familiarity

with the needs of market?

a) Existing products and services

b) Distribution channels

c) Federal government

d) Consumers

4.Why should an entrepreneur do a feasibility study for starting a new venture

a) To identify possible sources of funds

b) To see if there are possible barriers to success

c) To estimate the expected sales

d) To explore potential customers

7. A women entrepreneur is supposed to have a minimum financial interest in share capital of

entrepreneur’s enterprise:

(a) 35 per cent

(b) 51 per cent

(c) 25 per cent

(d) None of the above

9. Venture capital is concerned with:

(a) New project having potential for higher profit

(b) New project of high technology

(c) New project having high risk

(d) All the above.

10. ___ is a person responsible for setting up a business.

1. Entrepreneur

2. Businessman

3. Manager

4. Planner

Q11 . DIC stands for ______

1. Disassembled Industries Centers

2. District Industries Collaboration

3. District Industries Centers

4. Developing Industries Centers

Q12. . NIESBUD stands for ___

1. National Institution for Entrepreneurship & Small Business Development

2. National Institute for Enterprise & Small Business Development

3. National Institute for Entrepreneurship & Small Business Development

4. National Institute for Entrepreneurship & Small Businessman Development

Q13. . IDBI stands for ___

1. Industry Development Bank of India

2. Industrial Development Bank of Investment

3. Industrial Development by Bank of India

4. Industrial Development Bank of India

Q14. . ICICI stands for ____

1. Industrial Company & Investment Corporation of India Limited

2. Industrial Corporation & Investment Company of India Limited

3. Industrial Credit & Investment Corporation of India Limited

4. Investment Credit & Investment Corporation of India Limited

Q15. . An ___ in a tract of land which is subdivided and developed according to a comprehensive
plan for the use of a community of industrial enterprises.

1. Industrial plan

2. Industrial Estate

3. Industrial unit

4. None of the above

Q16. . The small sector was classified into three categories by IRP 1977

1.Cottage & household industries, Tiny Sector, small-scale industries.

2.Cottage & household industries, large, small-scale industries.

3.Cotton & household industries, Tiny Sector, small-scale industries.

4. Household industries, Tiny Sector, small-scale industries.

Q17. . According to Peter F. Drucker, there are three kinds of opportunities

1. Additive, Complementary, Breakthrough

2. Additive, Complementary, Supplementary

3. Additive, Complementary, Breakthrough

4. Additional, Complementary, Breakthrough

Q18. .The main objective of setting up DICs was to promote under a single roof all the services &
support required by small & village entrepreneurs. This scheme was introduced in May ___

1. 1970

2. 1975

3. 1978

4. None of the above

20. . Which could provide an individual with the motivation to start a new business venture?
A. The financial rewards.

B. A desire to be independent.

C. Risk taking

D. All the above.

22. Which of the following is the reason for business failure __________.

A. Lack of market research.

B. Poor financial control.

C. Poor management.

D. All the above.

24. . A new venture's business plan is important because ______.

A. It helps to persuade others to commit funding to the venture.

B. Can help demonstrate the viability of the venture.

C. Provides a guide for business activities by defining objectives.

D. All the above.

25. . Innovation can best be defined as_______.

A. the generation of new ideas.

B. the evolution of new ideas.

C. the opposite of creativity.

26. . Which of these statements best describes the context for entrepreneurship?

A. Entrepreneurship takes place in small businesses.

B. Entrepreneurship takes place in large businesses.

C. Entrepreneurship takes place in a wide variety of contexts.

D. Entrepreneurship does not take place in social enterprises.

27. . Entrepreneurs are motivated by _________.

A. money.

B. personal values.

C. pull influences.
D. All the above.

28. . To provide financial assistance to entrepreneurs the government has set up a

number of___________.

A. financial advisors.

B. financial intermediaries.

C. Industrial estates.

D. financial institutions.

29. . ________ is the first development bank of the country.

A. ICICI.

B. IDBI.

C. SFC.

D. IFCI.

30. . IFCI stands for_____________.

A. Industrial finance corporation of India.

B. Institutional finance corporation of India.

C. Industrial funding corporation of India.

D. Indian finance corporation and institution.

32. . Which of the following is a function of SIDBI?

A. Extension of seed capital.

B. Discounting of bills.

C. Providing factoring services.

D. All of the above.

34. A provisional SSI registration certificate is valid for a period of __________.

A. four Years.

B. three Years.

C. two Years.
D. one year.

35. . What is the role of a Business Angel?

A. To provide small business advice.

B. To provide capital for business development in exchange for a stake in the

Business ownership.

C. To set up a franchise business.

D. To assist an entrepreneur to open a lifestyle business.

36. . A key aspect of the financial section of the business plan is _________.

A. A statement of management skills.

B. A realistic sales forecast.

C. Production capacity.

D. A description of competitors.

40. . Seed capital assistance ___________.

A. a long-term assistance.

B. initial assistance

C. a help for the purchase of seeds.

D. a short-term assistance.

41. . The small scale unit wishing to export has to obtain exporters code number from

_________.

A. The Reserve Bank of India.

B. The Central Bank of India.

C. Any Regional Bank.

D. Any International Bank.

42. The oldest form of business organization is ______.

A. Partnership.

B. sole proprietorship.

C. joint stock company.

D. co-operative undertaking.

127. A person owning and running a small firm, is known as________.

A. A manager-owner.

B. An owner-manager.

C. A professional adapter.

D. An enterprise worker.

43. . Entrepreneurial development is the key to achieve all-round __________ through

A. economic development

B. increase in profits

C. shareholders value

D. business development

44. . Swot Analysis is a _____________ tool

A. Conceptual

B. Modern

C. Scientific

D. Traditional

 
 The cover page of a business plan should contain
  key financial highlights.
contact information.
the funding request.

Resource Highlights

A _____________ is a document that thoroughly explains a

business idea and how it will be carried out.
  b) marketing plan
a)
d) financial analysis
c)
f) business plan
e)
g) Technical Plan

The ______________ section of the business plan should be

written last.
  financial statements
executive summary
Appendices

Recommendations

 
Question:
A_____________partner is an owner who has unlimited liability and is
active in managing the firm:

1.senior partner

2.general partner

3.silent partner

4.limited partner

Question:
Which of the following is a characteristic of a co-operative?

1.profits are not subject to income tax

2.one vote per share

3.dividends are paid on a per share basis

4.all of the above